Chair’s Summary – Review of the Asian Development Bank’s Capital Adequacy Framework

This document summarizes the discussion of the meeting of the ADB Board of Directors held on 25 February 2020 discussing the Review of the Asian Development Bank’s Capital Adequacy Framework. The framework is designed to protect the risk-bearing capacity of ADB without relying on callable capital, and to maintain ADB’s ability to lend even during crises and after a large nonaccrual shock.